Raymond James (RJF) Q3 earnings reflect higher revenues and impressive asset under management growth.
E*TRADE Financial Corporation (ETFC) witnessed higher revenues along with improved credit quality in second-quarter 2017. However, these positives were partly offset by higher expenses.
Interactive Brokers (IBKR) reported second-quarter 2017 adjusted earnings lagged the Zacks Consensus Estimate by a penny owing to higher expenses.
Investment management (part of the broader Finance sector) performed decently over the last several quarters. Muted volatility in the second quarter led to low capital markets business.
Interactive Brokers (IBKR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Finance companies are known to be mostly stable investments, with little expectations of big earnings surprise and growth. Nevertheless, the Zacks Earnings ESP filter allows us to search for finance firms that are projected to beat their earnings projections.
Interactive Brokers' (IBKR) Electronic Brokerage segment reported a year-over-year increase in DARTs for Jun 2017.
Karl Roessner, CEO of E*TRADE Financial Corporation (ETFC), has been asked by the board to come up with a strategy to uplift the firm by the end of next year.
Nomura Holdings, Inc. (NMR) announced its plans to strengthen control of its internal affairs after finding out a breach of law that happened the previous year, per a Bloomberg report.
LPL Financial Holdings Inc. (LPLA) released its monthly activity report for May 2017. The company recorded total brokerage and advisory assets of $540 billion at the end of the month, up 0.9% from the previous month.
E*TRADE Financial Corporation (ETFC) appears a solid bet now, backed by online innovations, launch of products and services, as well as the company's renewed focus on strengthening its brokerage business.
The Charles Schwab Corporation's (SCHW) monthly activity report for May 2017 shows an improvement over the year-ago period.
E*TRADE (ETFC) reported an increase in its DARTs for May 2017. The company???s DARTs were 211,516, jumping 8% from the prior month and 42% year over year.
TD Ameritrade Holding Corporation (AMTD) reported average client trades per day of 514,000 in its activity report for May 2017. The reported figure was up 2% from the prior-month tally and 16% from the year-ago period.
Interactive Brokers Group, Inc.'s (IBKR) Electronic Brokerage segment reported a year-over-year increase in Daily Average Revenue Trades (DARTs) for May 2017.
LPL Financial's (LPLA) subsidiary LPL Financial LLC reported monthly activity for Apr 2017.
E*TRADE Financial Corporation (ETFC) reported a fall in its Daily Average Revenue Trades (DARTs) for Apr 2017. According to its monthly market activity, the company's DARTs were 196,022, down 3% from the prior month, but up 23% year over year.
Schwab (SCHW) released monthly activity report for Apr 2017, which shows an improvement over the year-ago period.
Omaha, NE-based online brokerage firm, TD Ameritrade Holding Corporation (AMTD) reported average client trades per day of 502,000 in its activity report for Apr 2017. The reported figure was flat with the prior-month tally and increased 7% from the year-ago period.